This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Bright Solar's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2022 was ₹4.927. Bright Solar's 10-Year median PS Ratio is 0. Therefore, the Median PS Value for today is ₹0.00.
As of today (2024-05-05), Bright Solar's share price is ₹8.90. Bright Solar's Median PS Value is ₹0.00. Therefore, Bright Solar's Price to Median PS Value for today is 0.00.
The historical rank and industry rank for Bright Solar's Median PS Value or its related term are showing as below:
NSE:BRIGHT's Price-to-Median-PS-Value is not ranked *
in the Semiconductors industry.
Industry Median: 1.43 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
Bright Solar Median PS Value Historical Data
The historical data trend for Bright Solar's Median PS Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Bright Solar's Median PS Value
For the Solar subindustry, Bright Solar's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bright Solar's Price-to-Median-PS-Value Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Bright Solar's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Bright Solar's Price-to-Median-PS-Value falls into.
Bright Solar Median PS Value Calculation
Bright Solar's Median PS Value for today is calculated as
10-Year Median PS Ratio is 0.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Bright Solar's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2022 was ₹4.927.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Bright Solar (NSE:BRIGHT) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Bright Solar's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
8.90
/
0.00
=
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Bright Solar Median PS Value Related Terms
Thank you for viewing the detailed overview of Bright Solar's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Bright Solar Ltd is engaged in assembling of DC/AC Solar Pumps and Solar Pump Systems. It is also engaged in Engineering, Procurement, and Construction (EPC) contracts for Solar Photovoltaic Water pumps which include supplying, installing, and commissioning the pump system along with a comprehensive maintenance contract. Its product offerings include solar water pumping systems, DC solar pumps, AC solar pumps, bright solar marts, and others. The operating segments of the company are Solar Water Pumping and Other Solar System; Installation of Systems and Consulting of Project Tendering and Infrastructure, and FMCG Sales. The company generates the majority of its revenue from Solar Water Pumping and other system sales.
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